Holding: Normal equitable tolling principles apply to the statute of limitations for lawsuits under § 16 of the Securities Exchange Act of 1934. Section 16(a) requires corporate insiders to disclose personal transactions involving the corporation’s securities.
Judgment: Vacated and remanded, 8-0, in an opinion by Justice Scalia on March 26, 2012. The Chief Justice took no part in the consideration or decision of this case.
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